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GoMAX Electronics (ROCO:6512) Cyclically Adjusted Book per Share : NT$21.36 (As of Mar. 2024)


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What is GoMAX Electronics Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

GoMAX Electronics's adjusted book value per share for the three months ended in Mar. 2024 was NT$15.603. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is NT$21.36 for the trailing ten years ended in Mar. 2024.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2024-05-26), GoMAX Electronics's current stock price is NT$22.35. GoMAX Electronics's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$21.36. GoMAX Electronics's Cyclically Adjusted PB Ratio of today is 1.05.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of GoMAX Electronics was 1.05. The lowest was 0.98. And the median was 1.01.


GoMAX Electronics Cyclically Adjusted Book per Share Historical Data

The historical data trend for GoMAX Electronics's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

GoMAX Electronics Cyclically Adjusted Book per Share Chart

GoMAX Electronics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 21.00

GoMAX Electronics Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 21.00 21.36

Competitive Comparison of GoMAX Electronics's Cyclically Adjusted Book per Share

For the Electronic Components subindustry, GoMAX Electronics's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


GoMAX Electronics's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, GoMAX Electronics's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where GoMAX Electronics's Cyclically Adjusted PB Ratio falls into.



GoMAX Electronics Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, GoMAX Electronics's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=15.603/131.7762*131.7762
=15.603

Current CPI (Mar. 2024) = 131.7762.

GoMAX Electronics Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 17.985 99.070 23.923
201503 0.000 99.621 0.000
201506 17.253 100.684 22.581
201509 18.031 100.392 23.668
201512 19.336 99.792 25.533
201603 21.777 100.470 28.563
201606 19.406 101.688 25.148
201609 19.959 101.861 25.821
201612 20.419 101.863 26.415
201703 20.384 102.862 26.114
201706 18.329 103.349 23.371
201709 18.468 104.136 23.370
201712 18.657 104.011 23.637
201803 18.610 105.290 23.292
201806 18.431 106.317 22.845
201809 18.546 106.507 22.946
201812 18.717 105.998 23.269
201903 18.723 107.251 23.005
201906 18.207 108.070 22.201
201909 17.968 108.329 21.857
201912 18.025 108.420 21.908
202003 17.850 108.902 21.599
202006 17.440 108.767 21.129
202009 17.304 109.815 20.765
202012 17.320 109.897 20.768
202103 17.043 111.754 20.096
202106 16.569 114.631 19.047
202109 16.164 115.734 18.404
202112 15.826 117.630 17.729
202203 16.076 121.301 17.464
202206 16.580 125.017 17.476
202209 16.762 125.227 17.639
202212 16.748 125.222 17.625
202303 16.349 127.348 16.918
202306 16.005 128.729 16.384
202309 15.996 129.860 16.232
202312 15.706 129.419 15.992
202403 15.603 131.776 15.603

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


GoMAX Electronics  (ROCO:6512) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

GoMAX Electronics's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=22.35/21.36
=1.05

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of GoMAX Electronics was 1.05. The lowest was 0.98. And the median was 1.01.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


GoMAX Electronics Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of GoMAX Electronics's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


GoMAX Electronics (ROCO:6512) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Fusing 1st Street, 14F-1, Number 251, Hsinchu County, Zhubei, TWN, 302
GoMAX Electronics Inc is a Taiwan based company engaged in the manufacturing and sale of audio and video systems. Its product portfolio includes HDMI Series, DVI Series, DisplayPort, Analog Series, Wall Plate Series, and Video Processor.

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